Know Thy Trucking Insurance...

[Lawrence]

A great little read from C.I.S.

Answers to common IC insurance questions

Why is there so much chatter on the EO threads about insurance structures right now?

T Motor Carriers operate under the Traditional structure where they provide the Primary Liability for all their Owner Ops.

T is being undercut by some M/I (Multi/Independent Motor Carriers) where the Owner Op provide their own Primary Liability.

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[LDB]

Excellent advice and truly the proper thing to do. I confess to taking the easy way out during my years expediting. Rather than know all the many and varied things I should have known about insurance, I just knew CIS.

 

[TeamCaffee]

One way to save money on insurance is know the value of your vehicle and change that value with your insurance company. We call our dealer to find out the current value and then call our insurance to change the value they will pay out on.

 

[xiggi]

Just changed mine two weeks ago.

 

[xiggi]

Good blog post, thanks.

 

[skyraider]

check on disability income protection too.